PB Osteopathy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09154378 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2020

for

PB Osteopathy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss P Bolton

SECRETARY:

REGISTERED OFFICE:

Unit 7, ball Mill Top

Hallow

Worcester

WR2 6LS

REGISTERED NUMBER:

09154378 (England and Wales)

ACCOUNTANTS:

SW&A Accountants

Unit 7 Ball Mill Top

Main Road

Hallow

Worcester

Worcestershire

FIXED ASSETS

Tangible assets

4

8,495

10,035

CURRENT ASSETS

Cash at bank

31,966

12,824

CREDITORS

Amounts falling due within one year

5

34,379

15,368

NET CURRENT LIABILITIES

(2,413

)

(2,544

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,082

7,491

PROVISIONS FOR LIABILITIES

1,614

1,906

NET ASSETS

4,468

5,585

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

4,467

5,584

4,468

5,585

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2020 and were signed by:

Miss P Bolton - Director

1.	STATUTORY INFORMATION

PB Osteopathy Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance, 20% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have

been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred tax is

measured using tax rates and laws that have been enacted or substantively enacted by the year

end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2019

and 31 July 2020

12,415

DEPRECIATION

At 1 August 2019

2,380

Charge for year

1,540

At 31 July 2020

3,920

NET BOOK VALUE

At 31 July 2020

8,495

At 31 July 2019

10,035

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Bank loans and overdrafts

5,000

-

Trade creditors

-

1

Taxation and social security

3,942

2,672

Other creditors

25,437

12,695

34,379

15,368